Kofax, Quality Distribution break; Energy Future, DHX, Global Healthcare, ABRA update deals

By Sara Rosenberg

New York, June 21 – Kofax (Project Leopard Holdings) saw its credit facilities free up for trading on Wednesday, and Quality Distribution’s (Gruden Acquisition Inc.) term loan hit the secondary market after the spread was set at the high end of guidance, the original issue discount widened and the call protection was extended.

In more happenings, Energy Future Intermediate Holding Co. LLC added a delayed-draw debtor-in-possession loan to its transaction, removed the option to convert the funded DIP into an exit facility, lifted the spread and Libor floor, and tightened the issue price, and DHX Media Ltd. upsized its term loan B while revising the spread and original issue discount.

Also, Global Healthcare Exchange LLC increased the size of its first-lien term loan and lowered pricing, ABRA Auto Body & Glass finalized pricing on its term loan at the low end of talk and Mitchell International Inc. accelerated the commitment deadline on its incremental term loan.

Additionally, MacDonald, Dettwiler & Associates Ltd. (MDA), Immucor Inc., ProQuest LLC, MKS Instruments Inc. and Ivanti Software Inc. released price talk with launch and Jo-Ann Stores Inc. and Nexstar Broadcasting Group Inc. emerged with new deal plans.

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